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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (May 22, 2024)
May 22, 2024 Page 5 Dedicated to Affordable Housing and Environmental Conservation The FHLB Des Moines Boosts Critical work of Habitat for Humanity OnPoint Community Credit Union, in partnership with Federal Home Loan Bank of Des Moines today announced a $600,000 Member Impact Fund grant to four Oregon nonprofits dedicated to affordable housing and environmental conservation. The re- cipients are Habitat for Humanity Portland Region, Hacienda CDC, AGE+ and The Freshwater Trust. Each organization will use its funding to enhance vital community development projects across the region. The four non- profits receiving this funding were se- lected by OnPoint based on their current needs in the housing and community de- velopment space. “Each of these organizations plays a pivotal role in fostering stability, growth and resilience in our region,” said Rob Stu- art, President and CEO of OnPoint Com- munity Credit Union. “This funding is a critical step towards enhancing the quality of life in the communities we serve. We are proud to partner with the Federal Home Habitat for Humanity, Portland Region Loan Bank of Des Moines to provide these grants and invest in a brighter, more sus- tainable future for all Oregonians.” The FHLB Des Moines is a government sponsored enterprise that supports both mortgage lending and related community investment, with more than 1,200 member institutions. OnPoint’s membership means that for every dollar it donates, the FHLB Des Moines donates $3. This helps the credit union maximize its support of local nonprofits focused on economic develop- ment, affordable housing and conservation. FHLB Des Moines’s matching grant program, which was introduced in 2023, will provide nearly $20 million to eligi- ble organizations to strengthen communi- ties in Oregon, Hawaii, Montana, North Dakota, Guam, American Samoa and the Northern Mariana Islands this year. In 2024, FHLB Des Moines increased the available grant money in its Member Im- pact Fund by $10 million. “We are thrilled to see grants from our Member Impact Fund having a direct, pos- itive impact on communities in Oregon, Black Health advancing affordable housing and commu- nity development needs in a meaningful way,” said Kris Williams, President and CEO of FHLB Des Moines. Habitat for Humanity Portland Region has built and repaired homes for over 3,000 people with low incomes across the region since 1981. Habitat has over 100 af- fordable housing units across the Portland Metro region under construction this year, but currently lacks the required construc- tion support to meet the growing demand for housing. Through the Member Impact fund grant, Habitat Portland Region will receive $100,000 to add more support to help build and repair more homes. “OnPoint Community Credit Union is a growing partner that enhances our work in many ways including volunteerism and vital funding. We are so thankful for this incredible $100,000 grant from OnPoint in collaboration with the Federal Home Loan Bank of Des Moines. This funding will allow us to hire Americorps positions that will help us grow our volunteer engage- ment and build more homes throughout the Portland region,” said Steve Messinetti, CEO and President, Habitat for Humanity Portland Region. Continued on Page 9 Matters North by Northeast Community Health Center is the only clinic in Oregon devoted to African American health. We provide welcoming, high quality health care to adults who have Oregon Health Plan. Since 2006, our priority has been to serve the local African American community and to reduce the deadly effects of high blood pressure and diabetes. We are accepting new patients, and if you’re uninsured, we can help you get covered! To make an appointment or learn about our services, contact us: www.nxneclinic.org (503) 287-4932 714 NE Alberta Street Portland, Oregon 97211
